$225,000
Est. $1,054/mo mortgage
563 Mornington Avenue #708 · London East, N5Y 4T8
MLS® X13793824
Listed Sep 16, 2026
Listing courtesy of Century 21 Mypro Realty·Updated yesterday
Description
Low-maintenance ownership with all-inclusive condo fees covering heat, hydro, and water. Check out this 2 bedroom Sunrise Condo unit on the 7th floor with east facing view. Tons of natural light during the daytime. Extensive renovations completed in 2024/2025, including wood veneer workspace countertops and stunning quartz central island, upgraded Ikea reflective gloss finishes kitchen cabinetry, newer flooring, stylish ceiling light fixtures, and a stainless steel induction stove. Spacious living area with powerful 14,000 BTU air conditioner for enhanced summer comfort. The private balcony boasts high-end polymer board flooring, offering ultimate durability. Well-maintained unit with contemporary finishes throughout. Conveniently located close to shopping, transit, parks, schools, and major amenities. Ideal turnkey investment or affordable home ownership opportunity.
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Property details
Interior
- Interior
- 800-899 sqft
- Rooms
- 3 rooms
- Bathrooms
- 1 × 4-piece on Main
- Basement
- None
- Heating
- Baseboard
- Cooling
- Wall Unit(s)
- Laundry
- N
Building & lot
- Type
- Condo Apartment, Apartment
- Exterior
- Concrete
- Storeys
- 7
- Exposure
- East
Parking
- Parking
- 1 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $652/mo
- Fee includes
- heat, hydro, water, parking
- Pets
- Yes-with Restrictions
- Property tax
- $1,676/yr (2025)
- Corporation
- MSCC 890
- Managed by
- Larlyn
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
87% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly paymentest. $2,139/mo all in
Monthly payment estimate
Land transfer tax$1,975 on closing
Ontario LTT
$1,975
First-time rebate
−$1,975
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 2 times · asking price down 6% from the first ask
Listed Sep 16, 2026
Listed May 27, 2026 · 112 days on market
Sep 16, 2026
112 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$230,000
808 - 583 MORNINGTON AVE Avenue, London East
Sold$192,500
1105 - 573 Mornington Avenue, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in London East
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 92.9% of asking.
Avg. sold price
$184,367
Sale-to-list ratio
92.9%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $59,000 household income
Minimum household income required
$59,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$1,713/mo median for 2 bed nearby
$1,713/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 78 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
519-859-4579 · colin@searchlondonhomes.com
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